Market News | AcadianaWhat SpaceX's $100 Billion Starbase Louisiana Means for Acadiana Commercial Real EstateOn August 25, 2026, SpaceX announced Starbase Louisiana: a $100 billion spaceport on 125,000 acres of coastal Vermilion Parish near Pecan Island, planned as the largest launch facility in the world. Construction starts in 2027. The first Starship launch is targeted for 2029. SpaceX says at...
The September 7, 2026 issue covers twelve commercial sales recorded across Lafayette the previous week, totaling $11.5M in disclosed volume. The headline deal: Get-A-Way Retreats LLC and 350 Griffin Road, LLC paid $3.9M ($138.05/SF) for a large industrial property in Youngsville. Land made up four of the 12 sales, including a 29+ acre parcel on Ambassador Caffery Parkway in Broussard...
The August 31, 2026 issue covers eleven commercial sales recorded across Lafayette the previous week, totaling $7.58M in disclosed volume. The headline deal: MADEL REALTY LLC paid $3.15M ($76.83/SF) for Terrace Centre, a Class B office building off Ambassador Caffery Parkway. Land and industrial each accounted for four of the 11 sales, a Florida-based company paid $1.44M for a Starbucks...
Overall Dollar Volume is up 8.42% The trailing 12 month total dollar volume of sales was $406.1M at the end of Jul 2026 vs. $374.6M at the end of the prior month. Overall Deal Velocity is down 4.07% The trailing 12 month sale count was 330 at the end of Jul 2026 vs. 344 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/08/Market-Report-Lafayette-LA-July-2026.pdf" attachment_id="21901"...
Caden LeBlanc and Alex Ruch of ELIFIN® represented both the buyer and the seller in the sale of the 21,560 square foot industrial building located at 1244 Petroleum Parkway in Broussard, Louisiana. Challenge The property was never on the market. LeBlanc learned the building had recently signed a tenant and understood what that meant: a stabilized industrial asset in the Lafayette market...
The August 24, 2026 issue covers four commercial sales recorded across Lafayette the previous week, totaling $3.6M in disclosed volume. The headline deal: T & K HERITAGE HOLDINGS LLC paid $3.05M ($225.08/SF) for a motorcycle dealership property on I-10 South Frontage Road in Scott. The other sales were an office property on Rue Beauregard for $300K, a retail property on...
Monthly Sales Digest | Lafayette ParishLafayette Parish Commercial Real Estate Sales: July 2026Recorded commercial sales of $100,000 or more in Lafayette Parish, Louisiana. Data current as of August 15, 2026.22Recorded Sales$85.0MDollar Volume$453,105Median Sale ValueSource: ELIFIN's proprietary weekly review of Lafayette Parish Clerk of Court filings.Sales by Property TypeProperty TypeSalesDollar VolumeShare of VolumeIndustrial4$7,523,7108.8%Office4$3,412,5004.0%Retail6$2,262,5002.7%Multifamily (5+ units)1$64,800,00076.2%Land4$1,135,0001.3%Other commercial3$5,889,0006.9%Total22$85,022,710100.0%Top 5 Disclosed Transactions$64,800,000536 Settlers Trace...
Adrien Foley and Brady Becker of ELIFIN® represented the buyer in the successful acquisition of the ±8,000 SF retail property located at 2310 Cecilia Sr High School Hwy in Breaux Bridge, LA. Challenge The property was occupied by Dollar General, and coordinating the change of ownership with their organization meant working through multiple layers of internal gatekeepers. The timing had to be...
The August 17, 2026 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $2.24M in disclosed volume. The headline deal: Jose Israel Rojas Barrera paid $475K ($34.58/SF) for an industrial property on Evans Lane. Industrial made up three of the seven sales, and the Roman Catholic Diocese of Lafayette sold two land parcels, 5 acres on Bonin...
Sam Johns and Fabian Edwards of ELIFIN® represented the seller in the successful sale of the office building located at 209 Rue Louis XIV in Lafayette, LA. Challenge The seller hadn't set out to own this building as a real estate investment. He'd acquired it as part of buying into a business that operated out of one of its suites. The real...
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